Mumbai: The Reserve Bank of India (RBI) on Friday withdrew Rs 1,00,010 crore from the banking system through a seven-day ...

The move is aimed at reducing the excess liquidity currently present in the banking system. According to a statement by the ...

Bank of Baroda has further reduced its home loan interest rates to 7.45% per annum, waiving processing fees, following the RBI's repo rate cut. This reduction follows an earlier rate cut in June.

Bank of Baroda has announced a further reduction in its home loan interest rates, bringing them down by five basis points to ...

Bank lending to the Indian economy may not see a meaningful boost despite the large liquidity surplus in the banking system, ...

RBI had announced extension of market trading timings of call money and repo and TREPs on June 25. The effective date of ...

Currently, the liquidity in the banking system is in surplus of around Rs 4.04 lakh crore as on July 3, as per RBI’s data.

RBI cuts repo rate by 1%, reducing interest rates on Fixed Deposits and savings accounts. Government schemes like PPF, NSC, and SCSS remain unchanged with higher returns.

Indian central bank's cautious liquidity withdrawal aims to maintain interbank rates between repo rate and policy corridor ...

The Indian central bank's measured approach to withdrawing banking system liquidity is likely to keep overnight interbank ...

On the other hand, the Reserve Bank of India did not raise the quantum of its seven-day variable rate reverse repo from last week, even as most were expecting a rise, and this could bode well for the ...

The RBI has reduced the repo rate by 50 basis points to 5.5%, aiming to stimulate economic activity by making borrowing ...